Escher Group, listed in the AIM market of the London Stock Exchange, informs that Escher has recently been awarded a US$50 million contract to introduce its Riposte suite of software to the one of the world’s largest postal authorities, US Postal Service (USPS).
According to Escher Group, this contract with US “closely follows other contract awards for Escher Group with Haypost, the Armenian national postal operator, announced in December 2011 and with Saudi Post announced in January”.
Representatives of Escher, a group of Armenian and Argentine specialists currently implement installation of new software (Ripost Essential) in the system of the National Postal Operator of the Republic of Armenia Haypost.
A joint meeting was held between Escher Group project manager and representatives of Haypost in late February on the occasion.
The implementation of this technology will utterly change the visions on the efficiently of postal network stretching from Yerevan to Armenia’s remotest villages.
Under the USD 1.5 million contract concluded between the National Postal Operator of the Republic of Armenia Haypost and Escher Group, Escher will introduce Riposte Essential software in entire postal network of Haypost in 2012.
